Is Holding Bitcoin a long time good way to make money?

[morgand]

I think you are right that holding bitcoin for a long term is very profitable but now bitcoin price is $900, i wish i can go back to 2015, buy bitcoin and forget about it, and sell it today.
But there are so many people start making new coin, maybe bitcoin price will go down and replaced by another cryptocurrency in the future.

[carlerha]

Bitcoin is good for short term and long term investment. We can make money in short time because sometimes the bitcoin price moves fast going upward, so traders do it everyday. But I don't close my doors to look forward to earn money in a long time just by holding cause I believe the value is increasing.

to me i will chose long term investment only, although some people may have good experience in short term investment. but to mr  i think long term investment is the best option, in long tern investment there is a little chance to lose money, but if you want to go for long term investment you need to invest a good amount bitcoin, because little investment for long term will never worth you.

[agamasrori]

I think you are right that holding bitcoin for a long term is very profitable but now bitcoin price is $900, i wish i can go back to 2015, buy bitcoin and forget about it, and sell it today.
But there are so many people start making new coin, maybe bitcoin price will go down and replaced by another cryptocurrency in the future.

I think that wouldn't be happen. The market cap of bitcoin is still bigger than all altcoins. I am sure that more people will accept bitcoin then make the price rise. For me, holding bitcoin for a long time is good.

[t2yax]

I think you are right that holding bitcoin for a long term is very profitable but now bitcoin price is $900, i wish i can go back to 2015, buy bitcoin and forget about it, and sell it today.
But there are so many people start making new coin, maybe bitcoin price will go down and replaced by another cryptocurrency in the future.

I think that wouldn't be happen. The market cap of bitcoin is still bigger than all altcoins. I am sure that more people will accept bitcoin then make the price rise. For me, holding bitcoin for a long time is good.

For each every altcoin, there will be an equal amount or value each bitcoins. I am also sure when bitcoin goes high, other altcoins will rise too. Holding bitcoin is not yet good, but for future use, you can earn a lot, like all other altcoins, you can earn in long period of time.

[soul-impact]

I think you are right that holding bitcoin for a long term is very profitable but now bitcoin price is $900, i wish i can go back to 2015, buy bitcoin and forget about it, and sell it today.
But there are so many people start making new coin, maybe bitcoin price will go down and replaced by another cryptocurrency in the future.

I think that wouldn't be happen. The market cap of bitcoin is still bigger than all altcoins. I am sure that more people will accept bitcoin then make the price rise. For me, holding bitcoin for a long time is good.

For each every altcoin, there will be an equal amount or value each bitcoins. I am also sure when bitcoin goes high, other altcoins will rise too. Holding bitcoin is not yet good, but for future use, you can earn a lot, like all other altcoins, you can earn in long period of time.

According to what you say, I can conclude that you do not have any knowledge about the economy and how the market work. Altcoin prices can not increase if there is no impact on it. Even if the Bitcoin prices are very high but no one care about altcoin, altcoin prices are not able to change and it can even lower than expect

[Sponsoredby15]

Yes holding bitcoin will be worth it for me. I think bitcoin will rise more since it proven that bitcoin reach 1k$ again. It might go down but bitcoin will rise

[Potato Chips]

Bitcoin is good for short term and long term investment. We can make money in short time because sometimes the bitcoin price moves fast going upward, so traders do it everyday. But I don't close my doors to look forward to earn money in a long time just by holding cause I believe the value is increasing.

to me i will chose long term investment only, although some people may have good experience in short term investment. but to mr  i think long term investment is the best option, in long tern investment there is a little chance to lose money, but if you want to go for long term investment you need to invest a good amount bitcoin, because little investment for long term will never worth you.

Even if its just a short term investment, You always need to have a huge capital because if your capital is only a small amount then

you profits will also be like that.  The price fluctuates everyday so i believe that both long and short terms has an equal value of

risks.  Day trading requires a great skill of observation and experience and nobody knows if bitcoin will keep increasing , It can go

down to $500 and start again to increase that will take years that's why long term investments is not safe either.

[maydna]

I think you are right that holding bitcoin for a long term is very profitable but now bitcoin price is $900, i wish i can go back to 2015, buy bitcoin and forget about it, and sell it today.
But there are so many people start making new coin, maybe bitcoin price will go down and replaced by another cryptocurrency in the future.

then i think you need to be patience to waiting for increasing the price and it will increase soon. holding bitcoin is a good decision but we can also use our bitcoin for another purpose like trading, investment, gambling, just to make sure that our bitcoin can grow more than what we have now and it is what many people wants.

[rizkyhiw]

I think you are right that holding bitcoin for a long term is very profitable but now bitcoin price is $900, i wish i can go back to 2015, buy bitcoin and forget about it, and sell it today.
But there are so many people start making new coin, maybe bitcoin price will go down and replaced by another cryptocurrency in the future.

then i think you need to be patience to waiting for increasing the price and it will increase soon. holding bitcoin is a good decision but we can also use our bitcoin for another purpose like trading, investment, gambling, just to make sure that our bitcoin can grow more than what we have now and it is what many people wants.

Well if you love to risking money to get another profit and grow them
Then go for it , the problem is when someone don't want to take risk too much
And prefer just to store it without having an intention to grow the fund
That time hilding bitcoin for long time is the best choice to do, isn't it?

[Oggy1987]

Stick with Bitcoin if you plan keeping it for long time. With so many altcoins on the market there is no hope for all of them, so you would have to chose some. And how to chose? It all comes down to luck, will it grow all fall. Alts are good for gambling, for any serious investment on long period I suggest BTC.

[TheUltraElite]

Stick with Bitcoin if you plan keeping it for long time. With so many altcoins on the market there is no hope for all of them, so you would have to chose some. And how to chose? It all comes down to luck, will it grow all fall. Alts are good for gambling, for any serious investment on long period I suggest BTC.

You can also make a lot of money from the altcoin market - people are mining altcoins and selling them as soon as prices rise - this is known as pump and dump. If you can get into it early you can make a proper profit since these altcoins dont last for long.

As far as gambling is concerned, I am a very unlucky person and never like to depend on my luck for earning money rather prefer to work hard to earning so I cant suggest anything for that.

[X-ray]

Stick with Bitcoin if you plan keeping it for long time. With so many altcoins on the market there is no hope for all of them, so you would have to chose some. And how to chose? It all comes down to luck, will it grow all fall. Alts are good for gambling, for any serious investment on long period I suggest BTC.

You can also make a lot of money from the altcoin market - people are mining altcoins and selling them as soon as prices rise - this is known as pump and dump. If you can get into it early you can make a proper profit since these altcoins dont last for long.

As far as gambling is concerned, I am a very unlucky person and never like to depend on my luck for earning money rather prefer to work hard to earning so I cant suggest anything for that.

selling altcoins when price rising can't be called pump and dump. pumping and dumping are how the markets getting affected by the buying or selling trends and make the price increase or decrease
and not all of altcoins are having short lifespan, some altcoin even can holding on until few years

[legendbtc]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

[dunfida]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

Investing on bitcoin and altcoin would really be different since bitcoin does really have the edge because value of it is far superior among altcoins on the market and also most bitcoin users do really love to use or save bitcoin because we know that it is really a good long term investment because of its volatile price compare to alts.

[Arvydas77]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

You are not right and I cannot agree with you. Both, Bitcoin and altcoins are dangerous for holding. Bitcoin price volatility makes it great for trading but not for investment. The same is about altcoins. You can invest in art, real estate but not in such a dangerous and very new technology that has no mainstream adoption, as cryptocurrencies. But you can speculate and earn some money

[PacePay]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

sometimes it happens that even a very better coin do not come back to its original or high price when it once go to down value. Only those people get success n altcoins who do only short term trade while long term trade is wasting of our money for altcoins. Whie in bitcoin both long term and short term investments are beneficial.

[GoodLuck2]

Yeah holding bitcoin for long term is really a good way to make money because bitcoin getting more powerful and few month before bitcoin price was $500+ and now bitcoin price is about $900+ so i think that bitcoin will be more increasing its price .

[Idrisu]

It is a way to make money but IMO at the moment not a good way unless you have years to wait. Investing in bitocoin takes so much time. Before your wallet grows bitcoin has to grow bigger and this is out of your hands. But overall if you invest and hold it down 3+ years then you'll see profit for sure.

Around October last year bitcoin was trading around $697 if you buy bitcoin then and sold it January 2017 you could have make over 40% profit within three months. Depends on how you play your games and smartness. You can even buy bitcoin and used it for trading: Because in trading you make money when price go up and move down. Though trading is very risky and you should not going into it without proper skill and knowledge.

[markyminer]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

You are not right and I cannot agree with you. Both, Bitcoin and altcoins are dangerous for holding. Bitcoin price volatility makes it great for trading but not for investment. The same is about altcoins. You can invest in art, real estate but not in such a dangerous and very new technology that has no mainstream adoption, as cryptocurrencies. But you can speculate and earn some money

different people have different idea and view, may be you are right, but to me it think all type of trading and investment are risky either it is crypto currencies or real state. investment and trading are all round risky, but one can only make money if he has the courage to take the risk and without taking risk no one can make money not in real stacks not in crypto currencies.

[Malsetid]

holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.

yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.

You are not right and I cannot agree with you. Both, Bitcoin and altcoins are dangerous for holding. Bitcoin price volatility makes it great for trading but not for investment. The same is about altcoins. You can invest in art, real estate but not in such a dangerous and very new technology that has no mainstream adoption, as cryptocurrencies. But you can speculate and earn some money

different people have different idea and view, may be you are right, but to me it think all type of trading and investment are risky either it is crypto currencies or real state. investment and trading are all round risky, but one can only make money if he has the courage to take the risk and without taking risk no one can make money not in real stacks not in crypto currencies.

you're right. imagine those people that bought bitcoin like two years ago and held on to them until now. Though it's really hard to say as we really wouldn't know then that bitcoin would go up this high is two years right? so I agree with you that it takes courage to take these kinds of risk because it could've been a big loss if bitcoin didn't go the way it did